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Jimmy Heckenberg Of Rodeo Realty Represents Sale Of Single Family Home In Beverly Hills For $24M
SOLD
$24,000,000
California
See Similar DealsSingle Family11,000 SF
Sold 03/18/2025
SOLD
Jimmy Heckenberg Of Rodeo Realty Represents Sale Of Single Family Home In Beverly Hills For $24M
813 Alpine Drive
See Similar DealsSingle Family11,000 SF
Sold 03/18/2025
Summary
CALIFORNIA
Asset Type:Single Family
Price Per Square Foot:$2,181
Total Square Footage:11,000 SF
Transaction Type:Sale
The property asset involved in this transaction is a single-family residence located at 813 Alpine Drive in Beverly Hills. The asset encompasses a total square footage of 11,000 square feet and has been sold for a price of $24,000,000.00.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $24,000,000.00
- Address: 813 Alpine Drive
- Market: Beverly Hills
- Square Footage: 11,000.0
- Broker: Jimmy Heckenberg - Rodeo Realty
This transaction involved broker Jimmy Heckenberg representing the seller in the sale of the property. The transaction was completed on March 18, 2025.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,279,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$85,266.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$113,772.24
Annual Debt Service$1,365,266.93
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